Arion Bank holds top spot in equities and bond trading

Arion Bank had the highest market share on Nasdaq Iceland in October, both in equities and bonds. according to Nasdaq Iceland. This is the first time that the same company has had the highest turnover in both bonds and equities, since February 2019 when Arion Bank also held the top spot.

This refers to all trades on the exchange executed by Arion Bank’s Capital Markets division under the Bank’s symbol on behalf of clients or for the Bank’s own account

In October, Arion Bank’s market share in equities on the main list was 26.3%. So far in 2020 the Bank had a market share of 22.1% and has been in first place in eight out of ten months this year. Next in line come Íslandsbanki, Kvika and Fossar.

In bond trading, Arion Bank had a market share of 19.4% in October, the Bank’s best market share this year. So far this year Arion Bank is in third place in terms of turnover in bond trading (16.3%) behind Kvika and Íslandsbanki.